House Sponsors: BOLAND-KOSEL-SCOTT-SMITH,MICHAEL-HOLBROOK, GASH, CROTTY, MCGUIRE, MCKEON, WOOD, SILVA, FEIGENHOLTZ, O'BRIEN, LYONS,JOSEPH, MCAULIFFE, NOLAND, REITZ, STEPHENS, DAVIS,STEVE AND COULSON. Short description: CON AMEND-CMPTRLR-ST FIN OFFCR Synopsis of Bill as introduced: Proposes to amend the Executive Article of the Illinois Constitution. Eliminates the offices of the Treasurer and Comptroller. Creates the office of State Financial Officer. Provides that the State Financial Officer shall (i) maintain the State's central fiscal accounts and order payments into and out of the accounts and (ii) be responsible for the safekeeping and investment of monies and securities deposited with him or her. Effective upon voter approval as to creation of the State Financial Officer; effective beginning with the election in 2002 as to the election of a State Financial Officer; and effective upon conclusion of the terms of the Treasurer and Comptroller elected in 1998 as to the elimination of the Treasurer and the Comptroller. HOUSE AMENDMENT NO. 1. Deletes reference to: ILCON Art V, Sec. 16.5 new Deletes everything. Proposes to amend the Executive Article of the Illinois Constitution. Eliminates the Office of the Comptroller. Provides that the Treasurer shall maintain the State's central fiscal accounts and order payments into and out of the accounts, be respon- sible for the safekeeping and investment of monies and securities de- posited with him or her, and have the duties and powers that may be prescribed by law. Effective upon conclusion of the term of the Comp- troller elected in 1998. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status